Margaret McLeod, the Hindi-speaking spokesperson for the U.S. Department of State, has shared pivotal insights on the U.S.-India trade deal and matters related to critical minerals. She explained that currently, there's significant centralized control over rare minerals by one nation. These materials are crucial for manufacturing mobile phones, advanced weaponry, and high-tech products.
According to McLeod, the U.S. does not wish for a scenario where the supply of critical minerals is monopolized by a single nation. Therefore, America is collaborating with partner countries to diversify and strengthen the supply chain. She emphasized the need to coordinate the capacities of all countries to create a reliable and stable supply chain.
She revealed that under President Donald Trump's directives, the U.S. is considering establishing a special fund. The goal of this initiative is to ensure that the supply of critical minerals does not rely on a single country, maintaining a balance on a global scale.
Read More: Will India Stop Buying Oil from Russia? MEA Responds to Trump's Claim
Addressing questions regarding Pakistan, McLeod stated that the decisions regarding representation levels are up to the country's government. She clarified that the U.S. places equal importance on increasing domestic production and collaborating with global partners.
Speaking about the U.S.-India trade agreement, she mentioned that the significant decision was made following direct dialogues between President Trump and Prime Minister Narendra Modi. McLeod expressed optimism that the formal process of this agreement will soon be completed and implemented, which will further strengthen the bonds between the two nations and open new pathways for strategic cooperation.
